I am trying to develop a financial plan for myself. I am 32 years old, single, started a small business two years ago, which caused a pretty big disruption in my savings. I feel like I am behind .

Currently have an 18k emergency fund and 15k in Roth/Traditional IRAs. No debt.

Income for the year is looking to be about 50k.

I have maxed out my IRAs for 2017and am wanting to buy some more S&P 500 in a taxable account, as opposed to opening a solo 401k or some other retirement account available to the self-employed, because I *might* want to buy a house in the next few years. Is this advisable?

I am trying to develop a financial plan for myself. I am 32 years old, single, started a small business two years ago, which caused a pretty big disruption in my savings. I feel like I am behind .

Currently have an 18k emergency fund and 15k in Roth/Traditional IRAs. No debt.

Income for the year is looking to be about 50k.

I have maxed out my IRAs for 2017and am wanting to buy some more S&P 500 in a taxable account, as opposed to opening a solo 401k or some other retirement account available to the self-employed, because I *might* want to buy a house in the next few years. Is this advisable?

That sounds fairly reasonable, open a taxable account and invest according to your probable needs. The key will be your word "might". How certain is your house purchase in a few years.?

If your need for the money is indefinite, then invest "as if" for the long-term or retirement. That could be in a very diversified stock index fund. My suggestion would be Vanguard Total Stock Market Index Fund, rather than the Vanguard 500 Index Fund. The total stock market index fund is a little more diversified, it covers stocks ofboth larger and smaller us companies, but the S&P 500 Fund covers only stocks of larger U.S. companies.

If you will probably be buying a house in a few years then invest in something less risky that a stock fund. You could consider Vanguard Balanced Index Fund, Vanguard LifeStrategy Conservative Growth Fund, or a Vanguard short-term or intermediate-term bond fund, or short-term federally insured CDs.

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I am trying to develop a financial plan for myself. I am 32 years old, single, started a small business two years ago, which caused a pretty big disruption in my savings. I feel like I am behind .

Currently have an 18k emergency fund and 15k in Roth/Traditional IRAs. No debt.

Income for the year is looking to be about 50k.

I have maxed out my IRAs for 2017and am wanting to buy some more S&P 500 in a taxable account, as opposed to opening a solo 401k or some other retirement account available to the self-employed, because I *might* want to buy a house in the next few years. Is this advisable?

That sounds fairly reasonable, open a taxable account and invest according to your probable needs. The key will be your word "might". How certain is your house purchase in a few years.?

If your need for the money is indefinite, then invest "as if" for the long-term or retirement. That could be in a very diversified stock index fund. My suggestion would be Vanguard Total Stock Market Index Fund, rather than the Vanguard 500 Index Fund. The total stock market index fund is a little more diversified, it covers stocks ofboth larger and smaller us companies, but the S&P 500 Fund covers only stocks of larger U.S. companies.

If you will probably be buying a house in a few years then invest in something less risky that a stock fund. You could consider Vanguard Balanced Index Fund, Vanguard LifeStrategy Conservative Growth Fund, or a Vanguard short-term or intermediate-term bond fund, or short-term federally insured CDs.

Thanks rural. My house purchase is not at all certain. I'm about 50//50 as to whether I even want to be a homeowner, especially as a single man. But that might change if I settle down, you know? So I guess my dilemma is whether to keep money out of the markets just in case I decide I do want to buy a home in the next 5 years or so.

With the small business, there are some opportunities to grow that would involve maybe $10k up front, but, again, I'm not sure if I want to pursue those opportunities either. I guess I'm just indecisive all around